The Mirror have reported that Sunderland have signed the two players for a combined fee of £7.5million.

Gibson has been handed an 18-month contract, while Oviedo has recieved a considerably longer deal which is set to expire in 2020.

Both players were brought to Merseyside in 2012 by current Sunderland boss David Moyes.

He is seemingly looking to reassemble a once successful Everton team with the signings of Steven Pienaar, Victor Anichebe and Joleon Lescott alongside Gibson and Oviedo.

Both players will now be hoping to play a part in helping Sunderland move off the bottom spot with three points currently separating them from the safety zone.

The duo racked up 137 appearances between them during their time with Everton, but Koeman is now looking to take the club forward and it is clear that he didn’t see Gibson or Oviedo in his plans.

Football Insider verdict:

Koeman has given both players half a season to show him their worth. However, they have far from delivered and they were some of the deadwood left over from Moyes and Roberto Martinez’ spells in charge of the club. Neither are good enough for a club of Everton’s aspirations and that is why they have had to drop as far as the bottom club in the Premier League after the Toffees. Fans are unlikely to be too distraught at the players departures and they may have even welcomed them due to their lack of pitch time this season. A correct move from Everton and one that is showing the club are looking to progress after a couple of seasons of mediocrity.